FIVE AT FIVE: Bitcoin hits new high; Footsie's bond wobble; surprise exit at Rio
Published: 17:00 22 May 2025 BST
1. Bitcoin hits all-time high
The push after the latest halving was driven by the progress of Stablecoin legislation in the US and the gyrations on the bond markets. For more, click here.
2. Rio Tinto chief makes surprise exit
Jakob Stausholm said he would step down later this year once a successor is named, with a formal search for his replacement now underway. For more, click here.
3. A fine bromance
OpenAI, run by mega-nerd Sam Altman, is buy Sir Jony Ive's io for $6.4 billion. I warn you, the publicity shot may give you the 'ick'. You can't unsee it! Go on, you know you want to.
4. Bond market woes halt Brit stock revival
The FTSE 100 shed around 1% as rising government bond yields spooked investors and reignited long-standing concerns over global debt sustainability. Clickage.
5. BT divi hike
The group also accelerated its broadband roll-out, all to little applause from the market. Dial 'B' for boredom.
Pick of the small-caps
Ilika PLC (AIM:IKA, OTCQX:ILIKF) rises after fundraiser
Poolbeg Pharma PLC (AIM:POLB) share offer garners strong interest
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) upbeat on the current year
HeLIX Exploration PLC (AIM:HEX) hails 'exceptional' grades
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) unearths new discovery
